Today’s top story: How to shave years off of your mortgage. Also in the news: When refinancing your student loans is a bad idea, how to reach your financial goals by using the car pedal system, and why it’s time to prepare for the robo 401(k). How to Shave Years Off a 30-Year Mortgage How […]
Recent Blog Posts
Q&A: How to get millennials to save for retirement
Dear Liz: We have 90 employees, many of them millennials, and only about 30% take advantage of our retirement plan. What resources and advice can I use to get our employees to take control of their retirement future? Answer: The youngest generation of adults and near-adults vividly remembers the stock market crash and financial turmoil […]
Q&A: How to pay down debt
Dear Liz: I am wondering about what to do with some debts I have due to divorce. I make about $50,000 a year and owe $50,000 in credit card debt, attorney’s fees and back property taxes. The good thing is that I own a house free and clear that is worth about $2.5 million. The […]
Q&A: Social Security eligibility
Dear Liz: I have a few Social Security credits but not enough for full Social Security benefits. My husband receives a check monthly. He is 79 and I am 75. Am I eligible for any benefits at this time? Answer: You’ve been eligible for full spousal benefits since you turned 65. You could have gotten […]
Friday’s need-to-know money news
Today’s top story: How to fix common credit card problems. Also in the news: Why Millennials are delaying retirement savings, how to get a great deal on a car lease, and how medical debt can affect your credit score. 5 Common Credit Card Problems & How To Fix Them Solutions to common problems. Millennials Crushed […]
What a Fed rate hike will mean for your finances
The Fed’s decision to boost interest rates – when it finally happens – will not significantly impact your household budget, at least not immediately. Instead, take it as a signal to get your finances ready for the increases to come. “It’s like the first snowfall,” said Greg McBride, chief financial analyst for Bankrate.com. “The first […]